Quarterly report [Sections 13 or 15(d)]

Business Segments - Summary of Financial Information for Reportable Segments (Details)

v3.25.2
Business Segments - Summary of Financial Information for Reportable Segments (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]          
Total revenues $ 501.9 $ 579.4 $ 1,102.2 $ 1,160.9  
Cost of revenues, exclusive of depreciation, depletion and amortization 374.7 393.1 794.1 766.8  
Other expense (income) 25.3 7.4 30.5 11.7  
Adjusted EBITDA 78.6 135.6 208.1 295.5  
Depreciation, depletion and amortization     210.7 216.2  
Cash and cash equivalents 26.0   26.0   $ 14.8
Total current assets 580.3   580.3   574.1
Property, plant, and equipment, net 1,636.0   1,636.0   1,761.2
Total assets 2,830.7   2,830.7   2,988.1
Current portion of long-term debt 131.0   131.0   159.6
Long-term debt 948.2   948.2   944.4
Total liabilities 1,812.4   1,812.4   1,848.5
Services          
Segment Reporting Information [Line Items]          
Total revenues 432.0 492.9 955.9 998.3  
Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 69.9 86.5 146.3 162.6  
Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 501.9 579.4   1,160.9  
Cost of revenues, exclusive of depreciation, depletion and amortization 374.7 393.1 794.1 766.8  
Selling, general and administrative, excluding stock-based compensation 49.4 51.2 101.9 99.7  
Other expense (income) (0.8) (0.5) (1.9) (1.1)  
Adjusted EBITDA 78.6 135.6 208.1 295.5  
Depreciation, depletion and amortization 104.7 103.4 210.7 216.2  
Investment in property, plant & equipment 46.5 61.9 99.0 121.8  
Cash and cash equivalents 26.0   26.0   14.8
Total current assets 580.3   580.3   574.1
Property, plant, and equipment, net 1,636.0   1,636.0   1,761.2
Total assets 2,830.7   2,830.7   2,988.1
Current portion of long-term debt 136.0   136.0   164.6
Long-term debt 948.2   948.2   944.4
Total liabilities 1,812.4   1,812.4   1,848.5
Reportable Segments | External Customers | Services          
Segment Reporting Information [Line Items]          
Total revenues 432.0 492.9 955.9 998.3  
Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 69.9 86.5 146.3 162.6  
Eliminations          
Segment Reporting Information [Line Items]          
Total revenues (128.4) (99.2) (247.9) (197.9)  
Cost of revenues, exclusive of depreciation, depletion and amortization (125.4) (97.3) (239.8) (194.3)  
Adjusted EBITDA (3.0) (1.9) (8.1) (3.6)  
Depreciation, depletion and amortization (1.5) (0.3) (2.4) (0.3)  
Investment in property, plant & equipment (8.3)   (12.2)    
Total current assets (357.2)   (357.2)   (314.8)
Property, plant, and equipment, net (13.9)   (13.9)   (4.1)
Total assets (1,696.7)   (1,696.7)   (1,545.5)
Long-term debt (40.0)   (40.0)    
Total liabilities (736.8)   (736.8)   (631.7)
Eliminations | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues (128.4) (99.2) (247.9) (197.9)  
Stimulation Services | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 432.0 505.6 956.5 1,022.9  
Cost of revenues, exclusive of depreciation, depletion and amortization 350.2 367.7 738.0 730.5  
Selling, general and administrative, excluding stock-based compensation 31.3 31.2 64.4 61.1  
Other expense (income) (0.6) (0.6) (1.6) (1.2)  
Adjusted EBITDA 51.1 107.3 155.7 232.5  
Depreciation, depletion and amortization 82.0 77.6 164.4 170.5  
Investment in property, plant & equipment 34.0 50.0 85.3 102.7  
Cash and cash equivalents 16.2   16.2   8.7
Total current assets 500.1   500.1   466.9
Property, plant, and equipment, net 762.6   762.6   839.3
Total assets 2,946.6   2,946.6   2,911.3
Current portion of long-term debt 82.2   82.2   87.5
Long-term debt 654.1   654.1   649.1
Total liabilities 1,928.0   1,928.0   1,891.4
Stimulation Services | Reportable Segments | External Customers | Services          
Segment Reporting Information [Line Items]          
Total revenues 432.0 492.9 955.8 998.3  
Stimulation Services | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues   12.7 0.7 24.6  
Proppant Production | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 77.5 69.5 144.8 147.2  
Cost of revenues, exclusive of depreciation, depletion and amortization 57.6 37.0 100.8 79.1  
Selling, general and administrative, excluding stock-based compensation 5.1 6.7 10.9 13.9  
Other expense (income)   0.1   0.1  
Adjusted EBITDA 14.8 25.7 33.1 54.1  
Depreciation, depletion and amortization 19.7 21.6 38.9 39.6  
Investment in property, plant & equipment 7.8 4.9 11.5 11.3  
Cash and cash equivalents 1.4   1.4    
Total current assets 70.4   70.4   71.4
Property, plant, and equipment, net 791.6   791.6   817.6
Total assets 886.6   886.6   929.5
Current portion of long-term debt 44.4   44.4   65.5
Long-term debt 278.9   278.9   278.0
Total liabilities 113.6   113.6   124.2
Proppant Production | Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 32.3 53.7 75.6 107.0  
Proppant Production | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues 45.2 15.8 69.2 40.2  
Manufacturing | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 55.8 55.9 121.6 99.4  
Cost of revenues, exclusive of depreciation, depletion and amortization 43.6 49.0 98.9 82.8  
Selling, general and administrative, excluding stock-based compensation 4.9 6.8 11.4 12.1  
Adjusted EBITDA 7.3 0.1 11.3 4.5  
Depreciation, depletion and amortization 3.9 3.8 8.5 4.9  
Investment in property, plant & equipment 0.1 7.0 0.1 7.6  
Cash and cash equivalents 3.4   3.4   1.7
Total current assets 284.4   284.4   255.3
Property, plant, and equipment, net 49.0   49.0   82.5
Total assets 440.2   440.2   443.2
Current portion of long-term debt 4.2   4.2   6.8
Long-term debt 14.9   14.9   17.3
Total liabilities 361.6   361.6   360.7
Manufacturing | Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 12.5 14.6 21.2 24.2  
Manufacturing | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues 43.3 41.3 100.4 75.2  
Other | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 65.0 47.6 127.2 89.3  
Cost of revenues, exclusive of depreciation, depletion and amortization 48.7 36.7 96.2 68.7  
Selling, general and administrative, excluding stock-based compensation 8.1 6.5 15.2 12.6  
Other expense (income) (0.2)   (0.3)    
Adjusted EBITDA 8.4 4.4 16.1 8.0  
Depreciation, depletion and amortization 0.6 0.7 1.3 1.5  
Investment in property, plant & equipment 12.9   14.3 0.2  
Cash and cash equivalents 5.0   5.0   4.4
Total current assets 82.6   82.6   95.3
Property, plant, and equipment, net 46.7   46.7   25.9
Total assets 254.0   254.0   249.6
Current portion of long-term debt 5.2   5.2   4.8
Long-term debt 40.3   40.3    
Total liabilities 146.0   146.0   $ 103.9
Other | Reportable Segments | External Customers | Services          
Segment Reporting Information [Line Items]          
Total revenues     0.1    
Other | Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 25.1 18.2 49.5 31.4  
Other | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues $ 39.9 $ 29.4 $ 77.6 $ 57.9